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    <title>Regarding Nidhi Companies</title>
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    <description>Prudential norms require that income on mortgage and jewel loans classified as non performing be recognised only when realised and that previously recognised unrealised income be reversed; assets must be classified as Standard, Sub standard, Doubtful or Loss with corresponding provisioning requirements, and loans secured by jewellery must be recovered or renewed within a prescribed short period or fully provided for in the current profit and loss account.</description>
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    <pubDate>Tue, 30 Apr 2002 00:00:00 +0530</pubDate>
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      <title>Regarding Nidhi Companies</title>
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      <description>Prudential norms require that income on mortgage and jewel loans classified as non performing be recognised only when realised and that previously recognised unrealised income be reversed; assets must be classified as Standard, Sub standard, Doubtful or Loss with corresponding provisioning requirements, and loans secured by jewellery must be recovered or renewed within a prescribed short period or fully provided for in the current profit and loss account.</description>
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